Actuary

Aon Hewitt; City Of London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading company in reinsurance is seeking a nearly/newly qualified Actuarial Analyst in London. This role focuses on data preparation, pricing analysis, and stochastic modelling of reinsurance treaties. You will work with high-profile clients, giving you exposure to complex transactions while developing your analytical skills in a collaborative environment.

Benefits

Comprehensive benefits package

Agile work environment

Two Global Wellbeing Days each year

Qualifications

• Nearly/newly qualified actuary with 3+ years of relevant experience.
• Ability to communicate complex ideas effectively.
• Strong problem-solving skills and ability to manage multiple projects.

Responsibilities

• Conduct technical modelling and financial analysis for Globally Managed Clients.
• Prepare and analyse data for actuarial and reinsurance purposes.
• Communicate findings and recommendations to brokers and clients.

Skills

Numeracy

Communication Skills

Time Management

Critical Thinking

Relationship Building

Education

Minimum 2.1 degree

Tools

ReMetrica

Job description

Actuarial Analyst Location: London, UK Team: Globally Managed Clients

Are you interested in fast paced, commercial and varied actuarial work? Are you nearly/newly qualified with a GI pricing or similar background? Then a career at Aon Reinsurance might be for you!

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organisation, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The Analyst should be a nearly/newly qualified actuary and will be primarily responsible for technical modelling and financial analysis for Globally Managed Clients with a main focus on property lines. You will work on reinsurance analysis for some of our largest clients across:

• Data Preparation:Collecting, cleaning, and preparing data for analysis.
• Reinsurance Pricing and Analysis:Conducting pricing and financial analysis for reinsurance contracts.
• Stochastic Modelling:Use of Aon’s ReMetrica software to stochastically analyse reinsurance treaties
• Actuarial Model Building and Testing:Developing and validating actuarial models to support pricing, reserving, and capital management.
• Presentation of Results:Communicating findings and recommendations to brokers and clients in a clear and concise manner.

How this opportunity is different

Working on some of the largest and most high profile reinsurance transactions for Global Clients, you will learn fast and get exposure quickly. Working in a range of client and project teams with high calibre individuals across actuarial, cat modelling and broking background will develop your technical and commercial skills. Connecting into the broad analytics team at Aon with subject matter expertise will deepen your knowledge

Skills and experience that will lead to success

• Experience:Highly numerate with a minimum 2.1 degree and 3+ years relevant experience
• Communication Skills:Ability to present complex ideas simply and effectively.
• Time Management:Strong ability to manage multiple projects simultaneously
• Critical Thinking:Excellent problem diagnosis and problem-solving skills.
• Relationship Building: Ability to build and maintain positive relationships with colleagues and clients.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

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